Nutraceuticals minerals are commonly used to treat lifestyle diseases and as preventive measures against chronic disorders. Hence, nutraceuticals minerals facilitate the maintenance of overall health of the people. While pharmaceutical products help in curing disorders or diseases, nutraceuticals minerals and other forms of nutraceuticals help in prevention. This property of nutraceuticals, along with the growing awareness among consumers regarding the health benefits of nutraceuticals minerals, is driving the growth of the minerals (nutraceuticals) market in the North American region.
The global nutraceuticals minerals market is projected to reach a value of $3.2 billion by 2018, at a CAGR of 7.1%. The North American nutraceuticals minerals market is among the largest contributors to the global market, having accounted for a market share of 25.1% in 2013; the North American market segment is projected to grow at a CAGR of 7% during the forecast period, 2013 to 2018. The U.S. holds a majority of the shares in the North American market, and accounted for a share of 55.72% in 2013. The Mexican market for nutraceuticals minerals is expected to be the fastest-growing market segment during the forecast period.
The North American market for nutraceuticals has remained stable and consistent in recent years. The stability, along with the rising number of people diagnosed with osteoporosis, is expected to be the major driving factor for the nutraceuticals minerals market in the North American region. Approximately 40% of the population in the U.S. can be observed to be obese, and thus face the risk of suffering from osteoporosis. Moreover, the U.S. and Canada constitute a major percentage of aged population, who are highly prone to osteoporosis and other related disorders. The demand for nutraceuticals minerals and dietary supplements are on the rise in North America, mainly owing to the high risk of osteoporosis and the growing awareness among the consumers regarding the health benefits of nutraceuticals minerals. Major companies across the world are investing heavily in the U.S. and Canadian markets as part of their strategies to expand growth potential and global competitiveness. Some of the top companies include Royal DSM (Netherlands), Ingredion, Inc. (U.S.), Abbott Nutritionals (U.S.), and Cargill, Inc. (U.S.), among others.
The North American nutraceuticals minerals market reports also provides insights into the segmentation of the regional market. The North American minerals (nutraceuticals) market has been segmented in terms of applications and the major countries within the region. The major applications of the market include the animal feed, dietary supplements, functional beverages, functional foods, and personal care industries. Dietary supplements and functional foods hold majority of the shares in the North American market.
1.1 Introduce the Market
1.2 Objective of the study
1.3 Market Definition and Scope of the study
1.3.1 Market Definition
1.3.2 Areas covered
1.3.3 Markets Covered
1.5 Research Methodology
1.5.1 Secondary sources
1.5.2 Primary Sources
1.5.3 Market estimation methodology (Top-down, bottom-up, data triangulation.)
1.5.4 Macro indicators for the study
1.7 List of Acronyms
2 Market Overview
3 Minerals (Nutraceuticals)-North America, By Geographies
3.1 Minerals (Nutraceuticals)-U.S.
3.1.1 Minerals (Nutraceuticals)-U.S., By MacroIndicators
22.214.171.124 Minerals (Nutraceuticals)-Population Projection-U.S.
3.2 Minerals (Nutraceuticals)-Canada
3.2.1 Minerals (Nutraceuticals)-Canada, By MacroIndicators
126.96.36.199 Minerals (Nutraceuticals)-Population Projection-Canada
3.3 Minerals (Nutraceuticals)-Mexico
3.3.1 Minerals (Nutraceuticals)-Mexico, By MacroIndicators
188.8.131.52 Minerals (Nutraceuticals)-Population Projection-Mexico
The Asia-Pacific Nutraceuticals market had been valued at $7,511.9 million in 2013, and is projected to reach $10,733 million by 2018, at a CAGR of 7.4%. Prebiotics, probiotics, amino acids, peptides & proteins, omega 3 & structured lipids, phytochemicals & plant extracts, minerals, vitamins are the types of Nutraceuticals.
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The Europe Nutraceuticals market was valued at $6,352.4 million in 2013, and is estimated to grow at an annual rate of 7.2% between 2013 and 2018, to reach a projected $8,985.9 million by 2018. The market for Europe Nutraceuticals can be segmented on the basis of applications, regions, and types.
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North America Nutraceuticals
The North American market for nutraceuticals was valued at $6.2 billion in 2013, and is projected to reach $8.8 billion by 2018, at a CAGR of 7.0%. The North American market comprises prebiotics, probiotics, amino acids, peptides, proteins, minerals, vitamins, fibers, and speciality carbohydrates.
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